T-Rex 2X Long MSTR Daily Target ETF is trading 3.9% down in after-hours trading as weakness in both MicroStrategy and the broader cryptocurrency complex persists.

  • The ETF is magnifying the downside in MSTR as Bitcoin-linked equities face continued pressure from a broader market sell-off.
  • Sentiment has shifted to risk-off following hotter-than-expected CPI data and geopolitical tensions, leading to significant de-risking in high-volatility tech and crypto plays.